Coeur d'Alene Market Report – March 2021

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March 2021


Housing market frenzy continues as demand rises, inventory dips to record-lows. Average Sales Price

Current Listing Inventory

Average Days On Market

$569,800

639

83

Up 55.1%

Down 52.7%

Down 24.1%

Median Sales Price

Closed Sales

Annual Residential Sales

$470,000

505

1,283

Up 46.2%

Up 13.2%

Up 18.6%

Average Days On Market 12-month comparison, highlighting current month

130 117

120 110 100

99

102

99

122

103 94

92

91

87

90

103

83

80 70 60 Apr '20

May '20

June '20

July '20

Aug '20

Sep '20

Oct '20

Nov '20

De c '20

Jan '21

Feb '21

Mar '21

Monthly Mortgage Rates Monthly 30-year fixed mortgage rates

3.90% 3.70% 3.50%

3.29%

3.33%

3.30%

3.23%

3.18%

3.15% 2.99%

3.10%

2.91%

2.90%

2.88%

2.97% 2.81%

2.71%

2.67%

Nov '20

De c '20

2.70%

2.73%

2.50% Mar '20

2

Apr '20

May '20 June '20 July '20

Coeur d’Alene Market Report | March 2021

Aug '20

Sep '20

Oct '20

Jan '21

Feb '21

Mar '21


Active Residential Listings As of 3/15/2021, month/year comparison 2000

1692

1654

1589

1628

1528 1372

1500

1118 881

1000

669

639

548

532

Jan '21

Feb '21

500 0 Apr '20

May '20

June '20

July '20

Aug '20

Sep '20

Oct '20

Nov '20

De c '20

Mar '21

Active Listings By Price Range Year-over-year comparison as of 3/15/2021

2020

200

171

174 157

154

150 100

77 52

45

50

21

70

0-$150K 4% $150-200K 3% 200K-$250K 3%

55

27

12

6

97 74

62

$600K-$800K 13%

124

116

109 113 76

$1M+ 20%

$800K-$1M 8%

197

2021

$250K-300K 6%

$500K-$600K 9%

$300K-$350K 10%

$1 M

0$1 50 K

+

$1 50 -2 00 K 20 0K -$ 25 0K $2 50 K30 0K $3 00 K$3 50 $3 K 50 K$4 00 $4 K 00 K$5 00 $5 K 00 K$6 00 $6 K 00 K$8 00 K $8 00 K$1 M

0 $350K-$400K 9%

$400K-$500K 15%

Sold Listings By Price Range Year-over-year comparison for the month of March

2020

125

$600K-$800K 16%

93

100

82 66

75 42

50

$800K-$1M 6%

126

2021

40 19

25

19

10

34 18

61 57 29

31

41

32

25 2

11

$300K-$350K 6%

$500K-$600K 11%

$350K-$400K 11% + $1 M

$1 50 -2 00 K 20 0K -$ 25 0K $2 50 K30 0K $3 00 K$3 50 $3 K 50 K$4 00 $4 K 00 K$5 00 $5 K 00 K$6 00 $6 K 00 K$8 00 K $8 00 K$1 M

0 0$1 50 K

0-$150K 4% $150-200K 2% 200K-$250K $250K-300K 4% 7%

57

56

$1M+ 8%

$400K-$500K 25%

Coeur d’Alene Market Report | March 2021

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